Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

Ontario to expand Second Career Program and Ontario Jobs Training Tax Credit

Resource from:  https://www.mromagazine.com Likes:117
Nov 24,2021


The Ontario government is providing financial support to workers by expanding the Second Career Program and proposing to extend the Ontario Jobs Training Tax Credit.


The training program would be expanded to serve more people on social assistance, those who are self-employed, gig workers, youth, newcomers, and others who need a hand up, while the tax credit would be extended to 2022.


“As companies and jobs flock to Ontario, we want to ensure that our workers are trained to have the skills needed for these jobs of the future,” said Premier Doug Ford. “We are investing in our workers as we build an Ontario that leaves nobody behind.”


The program will offer access for those whose employment barriers may have been made worse by the pandemic, including young people, newcomers, people on social assistance, and people with disabilities.

“As we work to recover from the effects of the pandemic, Ontario continues to face the greatest labour shortage in a generation,” said Monte McNaughton, Minister of Labour, Training and Skills Development. “This is why our government is investing in programs that will connect more people across our province to meaningful careers and financial independence that empowers them to build better lives for themselves and their loved ones.”


The government is also proposing to extend the temporary, refundable Ontario Jobs Training Tax Credit to 2022, which was originally introduced in the 2021 Ontario Budget to help workers affected by the COVID-19 pandemic get back into the workforce. The extension would provide an estimated $275 million in additional support to about 240,000 people, or $1,150 on average, to help Ontario workers continue to upgrade their skills.


(https://www.mromagazine.com)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.